Mr. Delery, who currently serves as the Assistant Attorney General for the Civil Division, will take over for Tony West, who announced Wednesday he is stepping down after serving in the position since 2012.
Stuart Delery named Holder's No. 3 at Justice Department →
Associate Attorney General Tony West said the settlement of nearly $17 billion is the largest the Justice Department has ever reached with a single entity in American history.
Justice Dept. announces $17B settlement with BofA →